Railway Grease is a semisolid lubricant used in in the rail transport sector, which can reduce the friction at the rail-wheel interface, extend rail and wheel life, reduce fuel consumption and reduce wheel squeeze. Grease generally consists of a soap emulsified with mineral or vegetable oil. The characteristic feature of greases is that they possess a high initial viscosity, which upon the application of shear, drops to give the effect of an oil-lubricated bearing of approximately the same viscosity as the base oil used in the grease.
Scope of the Report:Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, railway grease market has a certain potential in Europe, USA. These areas demand are relatively stable. During these years, China's railway grease industry maintains a rapid growth. In developing countries, many countries are developing railways.
In future, the railway grease industry in the world will turn concentrated. The world railway grease consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, Railway Grease has huge market potential in the future. Owing to the increasing of demand in railway grease downstream products, the world railway grease capacity will continue to expand.
Base oil, thickener and additive are the main raw materials for the production of railway grease. Large and medium-sized companies produced the base oil by themselves, and some small-sized companies need to buy raw materials from large companies or distributors. With the development of railway grease, the raw materials manufacturers are also benefited from the railway grease industry in some extent.
The worldwide market for Railway Grease is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 620 million US$ in 2026, from 530 million US$ in 2020, according to a new Our study.
This report focuses on the Railway Grease in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Shell
Exxon Mobil
BP
Chevron
Total
SKF
CITGO
Fuchs
Petro-Canada
Timken
Kyodo Yushi
Lukoil
Plews/Edelmann
Klueber
Sinopec
CNPC
CRM
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Lithium Grease
Calcium Crease
Other Grease
Market Segment by Applications, can be divided into Rail Curves
Rail Switch Plates and Turnouts
Bearings & Wheels
Others
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Railway Grease product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Railway Grease, with price, sales, revenue and global market share of Railway Grease in 2018 and 2019.
Chapter 3, the Railway Grease competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Railway Grease breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Railway Grease market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Railway Grease sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
